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Search Results 0 to 47 of about 48 (some duplicates have been removed)
more on that later. but we begin with the big fight in washington growing more desperate as the august 2nd deadline to raise the debt ceiling approaches. the key question this morning will we to see any progress this weekend? we go live to the white house for more. are they working this weekend and might we expect more progress here? >> reporter: we'll to see. there's a lot of closed door negotiations. that's the phase we're in now. we're a day closer to what many experts have called a financial catastrophe, six closed door meetings that they had in the west wing. the focus turns to congress. whether or not they can reach a deal on a dramatically scaled back version, not that grand bargain, something smaller but do it in time for august 2nd when the country is due to run out of cash. taking his case public for the second time in a week, president obama accused republicans of refusing to compromise. >> the problem is members of congress are dug in ideologically into various positions because they boxed themselves in with previous statements. >> reporter: with the clock ticking towards w
scale, he tried, he went for something big and failed. >> boehner is clearly on board for something. but i think right now the other four lders are trying to figure out is this politically where we want to go and can we assemble the votes for something of this magnitude. >> we conclude by turning to the n.b.a. and n.f.l. labor disputes with sally jenkins of the "washington post" and kevin blackistone of the university of maryland and espn. >> maybe it's time for fans to reassess why they're spending like crack addicts on the four major sports when there are lots of other affordable, available things to watch for a lot less money that appreciate the fans perhaps a little bit better and who value the fan more properly. >> with the n.f.l., it's very much reflective to me of what we're going through in america right now where in 201 you've had record profits in corporate america yet corporate america points to the economy, says it niece bad shape and pois to unions and workers and asks for concessions. that's the exact same thing going on in the n.f.l. when you talk about $9 billion in
was willing to consider social security, medicare, and other things. big pushbackrom the white house on that. is it just because you revealed something they didn't want reveald? >> well, i think they... i don't think that they've found anything inaccurate and th story. >> hunt: no, they didn't. >> i think the attention. the emphasise placed o the fact that, yo know, democrats have tried very hard to take social security off the table. and there was real alarm on the hill yesterday when word started to spread that the white house had put social security back on the table. now, they're onl talking about adjusting the measure of ination used to adjust benefits, but tt in the view of democrats could become a significt benefit cut and that's something that they hav said that theyill draw the line at. >> hunt: see if i'm oversimplifying this. both sides sort of have a political nuclear weapon, if you will. for republans it's the threat that democrats are going to raise your taxes, for democrats it's the republicans are going to cut medicare and entitlements. in order to get anything big done you'v
.s. and around the world asking what one big. i'm harris falkner, this is the fox report. where will she resurface? after a verdict that sprung her from jail prompted this backlash. in minutes, the elaborate message to make casey anthony disappear from public view. plus, the terrifying home invasion at this u.s. congressman's house, that leaves him face-to-face with an armed intruder. and that's it, construction triggering carmageddon along the 405 in southern california finishing hours ahead of schedule, but way too late for this driver. the details behind this high speed chase that hit almost every other major l.a. highway. first, casey anthony, out there somewhere tonight, living her life. right now, no word of where or how. >> we hate you!. >> harris: protesters among those who gathered outside the orlando jail when the florida acquitted of murdering her two-year-old daughter caylee was set free. casey left jail this morning, her attorney, jose baez at her side. warrening a pink t-shirt, blue jeans and sneakers, said quietly thank you to a deputy sheriff and two armed with rifles. wi
will be here on set with us. >> this is big. >> huge. >> willie, who is going to be number one? are we looking at oklahoma? alabama? >> could be a tie situation. i have to say. we should point out vanderbilt got a great recruiting class. >> they did have a great recruiting class. >> they did. >> my understanding is the average s.a.t. just above 1300. unprecedented. for a co--ed football team. [ male announcer ] get ready for the left lane. the volkswagen autobahn for all event is back. right now, get a great deal on new volkswagen models, including the jetta, awarded a top safety pick by the iihs. that's the power of german engineering. hurry in and lease the jetta s for just $179 a month. ♪ visit vwdealer.com today. but when she got asthma, all i could do was worry ! specialists, lots of doctors, lots of advice... and my hands were full. i couldn't sort through it all. with unitedhealthcare, it's different. we have access to great specialists, and our pediatrician gets all the information. everyone works as a team. and i only need to talk to one person about her care. we're more than 78,000
it could be a big day for our whole entire country. >> and the news is whether we've got a deal or not. shortly after ten o'clock last night. harry reid said you know, i was going to have everybody show up in the mid feel the night and take a vote at 1 a.m. and he received word from the white house that apparently, the white house and this really hacks him off, you know, because it kind of bypasses him, and former speaker pelosi, dealing directly with mitch mcconnell, joe biden 6789 it sounds like they've got a deal, and close to a deal and some of of the frame work as well to talk about it. >> yeah, it looks like it's been going back and forth and take a look, it looks like debt ceiling increase, 1.2 trillion to 2.4 last night last through the night and living in my office, as high as 2.8 trillion dollars in debt ceiling increases, spending cuts have to be about the same amount commensurate. >> dollar for dollar. >> at least if not more. >> and guys, there's a little bit of wrangling whether or not that balanced budget amendment that john boehner needed so badly to get the house to vo
a lot to talk about. big news over the budget and deficit reduction. president obama is rejecting calls for a short-term hike. he made a rare appearance in the press room. he's challenging them to seize the moment and cut a deal. >> i don't think the american people here sent us here to avoid tough problems. it's, in fact, what drives them nuts about washington. when both parties simply take the path of least resistance. i don't want to do that here. i believe right now, we have a unique opportunity to do something big. to tackle our deficit in a way that forces our government to live within our means. still allows us to invest in that future. >> all right. sounds good. sounds hopeful, it does. maybe something will get done, like everyone is going to come in. less than an hour after the president's invitation, john boehner missed the discussions saying a deal won't pass in the house, if it includes tax increases. he said, i'm happy to discuss the issues at the white house, but the discussions are fruitless until the president recognizes economic and legislative reality. >> that doesn't
and what doesn't get paid. another big story right now, a massive and dangerous heat wave is gripping much of the nation. here's how it looks and feels across the country. take a look at the red quarter. temperatures expected to reach 104 degrees in parts of texas today, in the southeast, temperatures are expected to reach the upper 90s and more than just uncomfortable, it's dangerous. heat has already claimed the life of at least one person in illinois and adding to that, the heat is causing drought conditions in the deep south to intensify. also this morning, hundreds of thousands still without power in the chicago area after strong thunderstorms rolled through. officials warn the power there might not be back on until saturday. let's go live to rob marciano outdoors this morning, silly rob, in atlanta's piedmont park. sun still not up, so it's still probably manageable there. but a lot of the south waking up this morning to 80 degrees overnight or higher. >> yeah. that's the thing. really hasn't cooled down much overnight, ali. even if you're out before the sun comes up you're still fee
name kidnap her. that was a big fat lie. warm welcome for soldiers returning home from war. more than 50 national guard troops returned to cedar rapids, iowa, after spending a year in afghanistan. about 2800 men and women will return home to the area in the next few days. this is the largest deployment that the state has seen since world war ii. and those are your headlines. >> let's talk about what's going on. couple of days ago, we heard the president of the united states say don't call my bluff, eric cantor and i'll take my case directly to the american people. today, the president is going to take his case to the american people. he has a press conference this morning at 11:00 a.m. >> we'll see what he says again. there's no talks today, folks. they've been doing them every day this week. there was a rumor maybe they'd go to camp david this weekend but not sure if that's going to happen. no talks today. >> fascinating to see after an hour and 19 minutes yesterday that eric cantor did not say a word today, yesterday, and on thursday. now the president for the second time this week
that she could catch fire. look, when you start this thing, when you win iowa, if you win iowa big, that thing starts rolling through new hampshire and south carolina, it's over in weeks. i agree 100%. >> how was she going in philadelphia suburbs? how is she going to do in the i-4 corridor and in wisconsin? how is she going to do in new mexico, arizona? i would suggest, with swing voters not well at all. >> there's no doubt if you nominate michele bachmann, it's an enormous risk. the only conditions, i think, under which i believe she could win the presidency, if people say, if they did in 1980, i don't care, i'm taking a chance with this guy because what we got we can't stand, you get 9% or 10% unemployment, two more years, this country is ready for a lot of change. more "morning joe" in a moment. with the hotels.com 48-hour sale, the possibilities are endless. interesting... save up to 50% this tuesday and wednesday only. hotels.com. be smart. book smart.  finally, there's a choice for my patients with an irregular heartbeat called atrial fibrillation, or afib, that's not cause
. how exciting. >> they match. >> they do match. >> the big news of the day, yesterday, of course, was moody's coming out and saying, listen, we don't expect this to happ happen. the chances are slight this is going to happen. just the chance it may happen, we are going to downgrade america's credit rating. >> we are going to put it on credit watch to downgrade it or we will downgrade it if it happens. first of all, the rating agencies were behind the curve during the whole financial crisis and they took a lot of heat for that. now they are trying to be more proactive. when you have a congress that refuses to address the issue, what do they do? it's not a shocker. it's another symbol of how dysfunctional things are in washington and what the stakes are and how dangerous it is. you know a few people across the globe. >> i like it when mika says it better. >> say international financeer. >> i would think these are trying times for banks across the world. look at ireland a second time. it's spread to italy. we have all heard -- greece, portugal. it's all across europe. it's coming to
the road so we did not end up in this fiscal mess. >> everyone is going to the movies and a big story in the country right now and it relates to what is going on in the debt battle, the white house versus congress right now, battling, and president and cantor, reminiscent to harry potter and it ends this week. there is president obama versus speaker boehner. >> it would be terrifying if they had magical powers. how scary. >> who would be harry potter? >>dave: we will give you an idea, we compared the two in a roll out of this battle versus harry potter. look at this. >> i've been hearing from my republican friends for some time it is a moral imperative to tackle our debt and deficit in a serious way so i have said to them, let's go. >> we are in a crisis. >> i'm voting "no," on the debt ceiling. >> failing to raise the debt ceiling would be armageddon. >> i will not sign a 30-day or 60-day or 90-day extension. >> this debt limit increase is his problem. >> failure is not an option. >> this could have been avoided. >> you think you can hold the government ransom? >> we will in the supp
is it shows that the united states system is not set up to do big things. when a crisis like this comes up they cannot do a deal that would show stability to the world. >> ronald reagan and tip o'neal made big deals. in the 1990s, bill clinton and the republican congress made big deals. and mika, it's not over yet, but it has gotten to the point already that this is damaging the reputation of the united states the longer it goes, and i think we're talking about it damaging our reputation more every day that the crisis goes on. >> i think both sides would agree with that. after a weekend of meetings resulting in yet another impasse, president obama is canceling two fundraisers today to continue negotiations. senate majority leader harry reid said the talks broke down last night because of the republicans insistence on a short-term deal, and their plan would cut $2.7 trillion over the next ten years. officials say it raises the debt ceiling but no tax increases. and he salaid out his latest solution. >> there will be a two-stage possible. it's not physically possible to do this in one step.
was ready to try again to do something big to control the debt. the ensuing days, the two sides forged common ground on the strategy raising the debt limit and cutting more than $4 trillion out of the federal budget that would take place through 2021. the speaker put out a statement in connection with the comments he made to the press yesterday. here is a bit of it for you. he said: in the end, he writes, we couldn't connect. not because of different importants, but different visions for our country. the president is emphatic taxes have to be raised. i know that tax increases destroy jobs. the next page, mr. boehner goes on to say, the president is adamant we can't make changes to entitlement program. i know the programs won't be there for my daughter's generation unless significant action is taken now. i have decided to end conversations with the white house and begin conversations with the leaders in the senate in an effort to find a path forward. again, the leaders are going to the white house today to meet with the president. the minority leader also putting out a statement becaus
a lot. he want as big deal. will he and the president find a compromise? guess who is back? nancy pelosi, your favorite friend, the foam house speaker is back at the table and is in open the debt talks and wants to point the fingers at ... guess who? >> day one of 85 of the republican majority in the congress and we have not seen one jobs bill come to the floor. >>dave: day 185. we expect the republican congress to create jobs in less than a year yet the democrats had four years in control of congress and did what for jobs? >> and the day of fast tush around in the media and all at, quick response from romney about her comments. listen to this. uncertainty is probably the one thing, a heck of a problem. is my company going to be here? it is tough. things have to change. have to change. >>dave: that ad in response to comments early this week, from the senior advisor to president obama who said people will not vote based on the unemployment rate and jobs numbers but based on their situation. well, their situation is the unemployment rate. it is the jobs numbers. that is their reality. so,
's casey anthony released shortly after midnight. last night -- night before last. the big question now is where did she go? >> right, where is she? >> where did she go? we know that after the courthouse right there, they went in a series of cars over to a parking garage where her attorney was. next thing you know, we don't know. >> possibly the old switch-a-roo there. >> she's facing the possibility of some lawsuits so she can't completely disappear so we may see her popping up again. right now, we don't know where she is and that's incredible really when you think about the amount of attention that this has gotten and that everyone knows what she looks like. >> it was amazing. had to go through some precautions. for a woman without a budget, it's amazing the amount of money we were spending on her, her safetyher future for now anyway or maybe somebody is keeping a tab because she probably will be coming into some money soon. they called up her parents and said do us a favor, show up at the hotel, excuse me, at the prison, and go -- and be a good decoy for the press who are going t
this theater for however long it's been now really pumps it up. i never thought there was going to be a big deficit or debt reduction deal between the two parties because it's not in the interest of either party. i think the republicans were tactically terrible because they allowed obama to sort of portray himself or present himself as the one who is above the fray and who is interested in making the most cuts to the budget and to the debt going forward. and then making it appear, not appear but it's true, the republicans are walking away from a real deal to cut spending in this country. also, it gave obama and the democrats a chance to spotlight the republicans position on taxes. there's no way to get a handle on budget deficits over the long term debt without raising somebody's taxes. >> if this is raising the white flag, if this is going against the base, what is the difference between this and cutting a deal on tax loopholes and other things that would not impact their message overall. what makes this better? >> this is horrible. >> it's stupid. >> it's a nightmare. it's cynical. the se
, waiting outside the jail as they ducked away into a waiting suv. the big question is where is casey anthony hiding. live at orlando,s from where caylee's remains were found. walk us through the release last night. >> reporter: i want to share brand-new information coming into fox news channel from our producer on the ground, one of many that have been working this case. kathleen rochelle. she got off the phone with mark lipman, the attorney that represents george and cindy anthony, they told -- their attorney said basically jose baez and texted them she was safe but they were at home watching the release on television. a relief that happened like clockwork at 11 past midnight according to the clock on the wall at orange county jail. take a look at the video. company anthony wearing a pink polo shirt. she was given $500 in cash, money that remained in her inmate account. a lost which donations from the public that poured in while she was incarcerated. three selected journalists captured the moment the world wanted to see, a moment that lasted a little more than ten seconds. listen. >
't. >> it could mean big losses on wall street and beyond. asian and european stocks are tight. the ceos of some of the biggest banks are expressing their concern. ceos of banks including goldman sachs, bank of america say this, a default on our nation's obligations or downgrade of america's credit rating would be a tremendous blow to business and investors in an already difficult economic circumstances. steve rattner. >> look, the fact is, this government, at the moment, ironically, at a time when people are saying let's not forget about jobs. this government is doing their best to destroy jobs as we are sitting here. business needs confidence. it needs some idea of what is going to happen. i don't know if you follow what's going out of the faa. there are 4,000 faa contractors out of work because the democrats and republicans can't agree on subsidies. they are just sitting there doing nothing instead of building infrastructure. the republicans and democrats can't agree on one tiny issue. >> there's no level of certainty. all different levels of this country. >> wouldn't that be the goal here, b
with fake documents to get real passports and then come to the u.s. and a big part of the problem is that countries aren't sharing information with each other. part of this government accountability office report says "even when countries have terrorist screening information, they may not have reciprocal relationships to share such information or other traveler information such as passenger airline lists with other countries to limit the ability of preventing travel of known or suspected terrorists." even though a passport can't kill someone, it can help a bad guy get in position to do some serious damage. >> travel documents are the same as weapons to terrorists. they can't carry out their plots without them. with our partners, and again, some of that is out of our control. we're closer to a c. >> and this gao report deals heavily with the breakdown, basically in communication with other countries. here at home, though, we are not perfect because since november 2001, just a few weeks after 9/11, there have been 25,000 security breaches at u.s. airports. that's about seven a day a
at serious storms and big part of the reason for those storms, very warm air with cooler air further off to the north. across north dakota we are looking for a tornado warning that we want to tell you about for northwestern barnes county. they are producing rotation currently on the ground. you should take are the seriously and please shelter. this tornado is in effect until 45 past the hour. tiem temperatures, rapid city, 97. and right now 98.degrees in dallas. factor in the humidity and it feels like a lot hotter. look at minneapolis when you are outside, 107 degrees. that is dangerous stuff. make sure you are drinking a lot of water and try to stay out of direct sunlight. because of how hot it is, there are heat warnings and heat advisories across portions of northern plains down to the southern plains. even the city of dallas, texas heat advisory and some areas could feel like 115 degrees. that could be a very high heat index because the sunshine and hot temperatures achbdz lot of humidity in place. conditions are generally stay dry across the central plains but areas across the nort
no way, that they're not happy with what speaker boehner put forward for them? >> look, that is a big part of whatever takes place here, because they'rele really digging in. there's some house members who say no new taxes whatsoever, even on the wealthy americans, and the president saying that you need to get some kind of revenue here in order to make the system work for the long term health of the economy. that's very important. what can they come up with that can woo over those republicans who are being very clear about not wanting those taxes to go up. >> dan lothian, thank you. >>> all right. so the two plans on the table right, the democratic backed senator reid plan and the republican led plan from senator -- speaker boehner. let's begin with senator reid's blueprint, cuts $2.7 trillion over the next decade. a big piece is what senator reid calls the winding down of the wars in iraq and afghanistan. that will save $1 trillion. republicans have called that a gimmick, savings from wars that are winding down, even though by the way, the same savings were counted in some republican
our fiscal house in order, they say, and they want big spending cuts in exchange for raising the debt ceiling. i will say, though, house republican leaders, they seem to at least be publicly more open to the idea. john boehner, the house speaker, even saying yesterday that he thinks mitch mcconnell has done very good work. we've also heard from some democrats, suzanne, that they seem to be open to the idea as well. one important point to make. while this doesn't require spending cuts, this mcconnell plan does have a catch. it would force very politically tough votes ahead of the 2012 election that republicans opposed to the debt ceiling could be on the record opposing, and also it's designed to then put the full responsibility of raising this debt ceiling of this new debt right in the lap of the president. there is some planning there. >> kate, how much do you understand what's going on here? obviously you've got the president, you have democrats, you have republicans, but republicans are even divided amongst themselves in this debate and it seems like there is a rift now between john
of higher than expected receipts, but they're going to have a couple big social security payments and interest payments due, so it's not entirely clear to the markets or to anybody else when treasury will exhaust its reserves. >> annie lowery, economic and business reporter for slate. >>> well, joining me from the hill now illinois republican congressman robert dold who serves on the financial services committee. representative dold, thanks for being here this morning. it's a busy day. >> thanks for having me. i appreciate it. >> i know, sir, that you supported john boehner's plan, but you say you would have voted for it without a budget balanced amendment. why are some of your colleagues saying they need that fully knowing it would not pass the senate? >> the number of my colleagues booef e plea of we have to change the way washington is working, so we've been grossly overspending for a long period of time. it's been happening on both sides of the aisle. it's a clear washington problem. american families have tightened their belt. american businesses have done the same. they shou
. that has been the big stumbling block because republicans we're not interested in lacing taxes, no way. it will be interesting to see how they get that back to make those trig teors get all the parties at the table. >> gregg: very busy saturday on capitol hill. >> heather: so the question is what happens if no debt deal is reached. many analysts say we don't know the true effects. it is uncharted territory. here are some possibilities. you will see higher interest rates and pay more immediately on credit card debt. home and car loan rates, those will rise. stock market could plunge costing you dealer. the u.s. dollar would almost certainly plummet on the world market raising the prices that we pay for imported products. we could see a state funding crisis as well if the federal government can't fork over aid to the states they will have to fund their massive budgets and federal funds for student loans would freeze, billions would not be paid. >> gregg: so critics are questioning where the president is in all of this. that was what speaker barren was sailing. president obama urged lawma
the super rich, wall street corporations, big oil, that seems to be more important than the united states government and preventing the united states government from defaulting on our debts. and let me just remind those who want to cut medicare and dismantle medicare, that's basically what they want to do, medicare recipients did not create the national debt and that is unconscionable to even talk about balancing the budget or paying down the debt on the backs of our most vulnerable populations, including those who are facing living in poverty. and let me remind our republican colleagues again that the congressional black caucus under the leadership of chairman cleaver, congresswoman christensen, congressman bobby scott, already offered a budget answered mentioned it earlier, that would save $5.7 trillion from the deficit, protect our most vulnerable communities and would have ensured the stability of medicare, medicaid and social security and our budget was balanced. so the country's not broke am. we know how we got here. two wars, these massive tax cuts for the very wealthy, wall street
this morning across the pond that hsbc, the big international financier is looking at laying off 10,000 workers. obviously the double dip concerns are very, very pronounced. the near-term concern at least for wall street now potential that the guys in washington can come up with a deal. it looks like they will come up with something so they might have short-term relief if they get that. longer term, it seems to be as spotty as it looks i don't know if they will be relieved that long. >> shannon: just as you were speaking, senator harry reid, majority lead ore the senate took to the floor, they are back in session he said no agreement has been reached but he is cautiously optimistic. what do you think that will do to the market if that is the closest we get to an announcement of a deal today, with the market opening up overseas tonight and opening up here tomorrow? >> we are already seeing reaction in the middle east. those markets are open today. they have sunday trading in the middle east. saudi arabia falling close to 1.5% yesterday. and they're up. aman is down but there is a separate soap o
Search Results 0 to 47 of about 48 (some duplicates have been removed)